re: LSU Athletic Department donated 45% of its 2012 profits to the University

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yes, the University is a business. The AD is part of the University.

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We agree here.

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so do you believe each department, like biological sciences and OEVS should also keep their profits from grants? Afterall, they raise WAY more money from grants than does the AD.

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Those departments use their grant money to fund their research, just like the athletic department uses its revenue to fund its espenses. The difference is the athletic department has money left over after its expenses, whereas the other departments don't. IF profits are made from that research by the biology or whatever department, yes, I think they should get to keep some of it, if they are saving it and re-investing it into their own future improvements, as the athletic department is.

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lulzy. Money is best made to make more money if you have more of it. Think velocity of money as it relates to equations of scale. Why would you willingly divide such finances when pat of your organization is underwater?

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Because the academic administrators clearly don't know how to raise and manage their money, while the athletic administrators do. That's part of why the academic side is underwater and the athletic side is booming. If the AD donated all their money to the university there wouldn't be anything left over for capital improvements, rainy day fund, etc. The university sure as hell isn't gonna give it back to them, because it won't be there anymore. It will already be spent.

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Link to that business model?

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You know there's no link, smartass. But clearly that is how it works in practical terms. Even you can acknowledge that. That's why we are arguing. You don't think it should work the way it does in real life.